Greece: SYRIZA wins and declares end of the troika and austerity – EBC

Greece: SYRIZA wins and declares end of the troika and austerity – EBC

The Greek left party Syriza, anti-austerity, got clear victory in the general elections this Sunday (25). The leader, Alexis Tsipras, declared an end to austerity and the Troika.

“The verdict of the Greek people means the end of the troika,” the supervisory structure of the Greek economy constituted by the European Commission, the Bank European Central and the International Monetary Fund since 2010 that evaluates the measures imposed in exchange for loans of 240 billion euros.

Tsipras, 40, said that “the people wrote the story” and “gave a mandate clear “to SYRIZA,” after five years of humiliation. “He assured that will negotiate with the creditors” new viable solution “to the country.

The Syriza got clear victory with 35.9% of votes, when they were counted 50% of the ballots. The result does not guarantee absolute majority (151 of 300 deputies) and will possibly require negotiations for a parliamentary coalition.

The New Democracy (right), Prime Minister Antonis Samaras , got 28.3%. The third largest party was the neo-Nazi Golden Dawn, with 6.4%.

Samaras conceded defeat but, having campaigned for the danger of a Syriza victory lead to a Greek exit from the eurozone, gave short statement to the press: “I give a country that is part of the European Union [EU] and the euro. For the sake of this country, I hope the next government to keep what has been achieved. “

In Brussels, the President of the Socialist group in the European Parliament, Gianni Pittella, considered that the Greek people opted clearly for break with the austerity imposed by the troika. According to the leader, the Greek people want the new government to bring more social justice, debt renegotiation and extension of its adjustment program. “The will of the Greek people must be respected by all EU institutions and Member States,” he said.

The President of the Bundesbank, Germany’s central bank, Jens Weidmann, found that Greece’s economy continues to need external support. He said he hoped “the new Greek government not illusory promises that the country can not afford” and to continue with the necessary structural reforms.